It is critical to have a vendor management solutions partner with the intimate knowledge of the vendor management function and proven tools that are easy to implement. Vendor management solutions should organize information from all vendors into a single comprehensive system that will:

__________Assess vendor capabilities, financial solvency, product/service quality & pricing
__________Maintain all supplier information and documents
__________Measure & evaluate vendor performance, service levels & continuous improvement

EC Sourcing Group Vendor Management Solutions include:

__________The ability to retrieve supplier information and related signed documents in a structured, yet
____________flexible questionnaire like manner that allows for easy access and retrieval.

__________A web based solution that once setup keeps track of questionnaire due dates and document
____________expiration and sends proactive notification to suppliers to ensure dates are met.

__________Automating most of the negotiation process & on-boarding of new suppliers.

__________The monitoring of supplier participation & performance proactively

__________Streamlined communications that ensure a fair/consistent process